• To get a Golden Visa, you must invest:At least €250,000 in purchasing real estate, net of taxes or charges (€500,000€ in municipalities like Athens, Thessaloniki, Mykonos and Snatorini).
  €400,000 in Greek Goverment bonds
  €400,000 bonds or shares of real estate investment companies in Greece
  €400,000 in shares and bonds of venture funds and private equity which have headquarters in Greece
  The Greek Golden Visa application procedure is rather simple.
• Step 1: Contact the Get Golden Visa Team and Select Your Property
  To finish this phase, you must identify the investment criteria and choose the property in which to invest. You can invest in a variety of features as long as the added value is equal to or more than €250,000. Our team can assist you in locating a property that meets your requirements.
• Step 2: Adhere to Legal Procedures
  Obtaining a Greek Non-Resident Tax number and creating a Greek bank account completes this phase. You can also have the power of attorney executed as an optional step.
• Step 3: Purchase the Property
  This phase is having a lawyer conduct ‘Legal Due Diligence’ on the property on your behalf. Following that, you’ll need to obtain a promissory sale and purchase agreement and execute a public deed.
• Step 4: Launch Your Application
  To complete this phase, you must gather all of the necessary documentation for the Golden Visa application. Hiring a lawyer is usually a good option because this can be overwhelming.
• Step 5: Go to Greece (or not!)
  All biometric data can be submitted to the relevant Greek authorities here, but as of 2021, you no longer need to visit Greece in person in order to start your application, so you can do it from your country.As of 2021, you no longer need to visit Greece in person in order to start your application.
• Step 6: Obtain Approval for Your Greece Golden Visa
  This phase is completed by the authorities, after which your Golden Visa application will be granted and you will be issued a Golden Visa Residence Card.
• Step 7: In Greece, renew your Golden Visa.
  You can seek to renew your Golden Visa residence card every five years, making it easier to get permanent residency.
• Step 8: Request Citizenship
  After seven years of living there and paying taxes, you will be eligible to apply for citizenship and a Greek passport. However, there is little information available about this possibility.
• How long does it take to obtain a residence visa in Greece?The Greece Golden Visa normally takes 3 to 5 months to process, although this can vary based on a number of circumstances.

This is the most common case to get the Golden Visa, purchasing a property in Greece. For this approach, you must invest at least €250,000 in one or more properties. The investment cannot include taxes, fees or a mortgage.

The general procedure is as follows:

• Tax and Budget Planning: Taxes and fees are mostly paid by the buyer and vary from region to region. They typically include the following:
  Property transfer tax of 3%
  Notary costs, title deed tax and land registration fee of 1% to 2.5%
  Legal fees of around 1% to 2%, inclusive of VAT
• Obtain a AFM: Get your foreign ID card from the Greek administration.
• Search for properties in Greece: Our Real Estate lawyers can help you identify the right property for you and ensure that you use reliable and trusted online portals.
• Reservation agreement and Letter of Intent: Our lawyers will draft a “Letter of Intent” for purchasing a property and guide you through the reservation agreement and any subsequent negotiations before signing a deal.
• Payment of fees: Settle any applicable Property Transfer Taxes or VAT, and update the Land Registry.
  Our team of Real Estate lawyers can assist you with the process of purchasing a property, in person or remotely.What Else do I Need to Know?
  After buying the property, the process to complete the visa takes around four months. It goes as follows:– Get the right paperwork: two to five weeks
  – Submit the application and wait for approval: 20 days
  – Collect the residence card from the ministry: six to eight weeks

We offer a wide range of services for investors at Lexidy. Our skilled and committed team has years of experience in legal counsel, management, real estate, conveyancing, new visas, immigration challenges, and investment opportunities for investors with a global perspective…

If you are thinking to apply for the Golden Visa in Greece, contact us for a free consultation of your case and our expert lawyers will help you with anything you need!

• Two copies of the application document
• Four current passport-style color pictures
• A certified copy of a passport or other travel document that Greece accepts as valid
• A fee paid and obtained through the “e-Paravolo” platform
  Roughly amounts to €500 for residence permits of up to a five-year duration
• A processing fee was paid and obtained through the “e-Paravolo” platform
  Roughly amounts to €16, concerning the printing of the separate document (electronic residence permit)
• Certification by an insurance agency for the cost of hospitalization and medical care;
  Insurance contracts that are signed outside of Greece, provided that they explicitly mention that they cover the interested party for the duration of their stay in Greece
  Insurance contracts that have been signed in Greece.

The Greek government started a number of tax incentive programs for non-residents in 2021.

If you actually receive income from Greek sources, you should designate a tax representative and file tax returns with the Non-Greek Resident Tax Office.

The Double Taxation Treaty
Your worldwide income could not be subject to taxation in Greece depending on your place of residency and how much time you spend there. In that instance, you might continue doing business outside of Greece and gain certain tax advantages.

Foreign nationals who are tax residents in Greece are also given tax benefits. For retirees, digital nomads, and other particular expat categories, there are several incentive programs. If you’re unsure as to whether you qualify for any of these benefits, be sure to check with your qualified financial lawyer.